Voi founders’ new AI startup Pit has become the latest rising star out of Stockholm
AI startup Pit is led by the cofounders of European scooter giant Voi and backed by a16z, which is leading the startup’s $16 million seed round.
Khosla-backed robotics startup Genesis AI has gone full-stack, demo shows
Genesis AI, a startup that raised a $105 million seed round to build foundational AI for robotics, has unveiled its first model, GENE-26.5, but also a demo showcasing a set of robotic hands performing complex tasks.
Peter Sarlin’s QuTwo reaches $380M valuation in angel round
QyTw0, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325 million (approximately $380 million) after raising a €25 million angel round ($29 million). It’s a sign of enduring tailwinds for AI, quantum computing, and…
SAP bets $1.16B on 18-month-old German AI lab and says yes to NemoClaw
SAP plans to buy German AI startup Prior Labs and invest heavily in it. It is also prohibiting customers’ agents use to a select few like Nvidia’s NemoClaw.
SAP bets $1.16B on 18-month-old German AI lab and says yes to NemoClaw
SAP plans to buy German AI startup Prior Labs and invest heavily in it. It is also prohibiting customers’ agents use to a select few like Nvidia’s NemoClaw.
Beyond Lovable and Mistral: 21 European startups to watch
It is not that European startups never get attention — Lovable and Mistral AI are proof of that. But there are many more that insiders are tracking.
Legal AI startup Legora hits $5.6 valuation and its battle with Harvey just got hotter
The two wildly fast-growing rivals have raised massive sums, pushed into each other’s home turf and now have dueling ad campaigns.
DeepMind’s David Silver just raised $1.1B to build an AI that learns without human data
Ineffable Intelligence, a British AI lab founded a mere few months ago by former DeepMind researcher David Silver, has raised $1.1 billion in funding at a valuation of $5.1 billion.
What’s behind Europe’s efforts to ditch U.S. software in favor of sovereign tech
Governments across Europe are looking to rely less on American tech providers.
Why Cohere is merging with Aleph Alpha
Canadian AI startup Cohere is taking over Germany-based Aleph Alpha with support from Lidl’s owner, Schwarz Group. With the blessing of their governments, the companies intend to offer a sovereign alternative to enterprises in an AI landscape dominated…